mCloud Technologies Corp., a technology company, provides asset management platform solutions combining IoT, artificial intelligence (AI), and cloud in North America, the Asia-Pacific, Europe, the Middle East, Africa, Australia, and China. Its AI-powered AssetCare platform offers asset management solutions, such as Connected Buildings, an AI and analytics solution to automate and remotely manage commercial buildings; Connected Workers, a cloud software to assist workers in the field to stay connected to experts remotely, facilitate repairs, and provide workers with an AI-powered digital assistant; Connected Health, a health insurance portability and accountability act (HIPAA)-compliant remote health monitoring and connectivity solution; Connected Industry, to process assets and control endpoint monitoring, equipment health, and asset inventory management, as well as for the management of change across distributed teams; and Connected Energy for the inspection of wind turbine blades using AI-powered computer vision and the deployment of analytics to maximize wind farm energy production yield and availability. The company was formerly known as Universal mCloud Corp. and changed its name to mCloud Technologies Corp. in October 2019. mCloud Technologies Corp. was founded in 2017 and is headquartered in Vancouver, Canada.
IPO Year:
Exchange: NASDAQ
Website: mcloudcorp.com
SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced it would not meet the listing requirements of the Nasdaq Stock Market LLC ("Nasdaq"). As such, Nasdaq has determined it will delist the Company's securities. Nasdaq informed the Company on September 20, 2023 that trading of the Company's common stock, warrants, and preferred stock will be suspended at the openin
Approval enables process to pursue a transaction structure involving the sale of certain mCloud and AssetCare assets resulting in the separation of mCloud's business in two standalone parts: one part to focus on AssetCare and a second to independently focus on NGRAIN-related businessAn asset sale under this transaction structure would include the divestment of assets, certain legal entities, and global strategic agreements associated with AssetCare-related business for embedded AI-powered sustainability applications, with cash proceeds being used for payment of current mCloud obligationsSuch an asset sale would also leave the wholly owned subsidiary NGRAIN and its highly regulated defense bu
SAN FRANCISCO, May 31, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets today provided an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"). MCLD, TSXV:MCLD) (CNW Group/mCloud Technologies Corp.)" alt="mCloud Technologies Corp. (NASDAQ
SAN FRANCISCO, May 23, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company"), a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets, today provided an update on the Company's exploration of currently active strategic alternatives. On March 29, 2023, mCloud announced it had formed a special committee comprising independent members of mCloud's Board of Directors (the "Special Committee") for the purposes of exploring strategic alternatives to maximize shareholder value, including retaining ATB Capital Markets Inc. ("ATB") and Maxim Group LLC ("Maxim") as financial advisors.
SAN FRANCISCO, May 19, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced it had received a written notification on May 15, 2023 (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company's Market Value of Listed Securities ("MVLS") for the last 30 consecutive business days was below the required minimum of US$35 million for continued listing on Nasdaq under Nasdaq Listing Rule 5550(b)(2).
SAN FRANCISCO, May 19, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced it had received a written notification on May 17, 2023 (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") indicating the Company is no longer in compliance with Listing Rule 5250(c)(1) since it has not yet filed its Form 20-F for the period ended December 31, 2022 (the "Filing"). In accordance
SAN FRANCISCO, May 12, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets, is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"). The Company is continuing to work diligently and expeditiously to complete and file the Annual Filings as soon as possible. As previously announced, the Company ha
SAN FRANCISCO, April 28, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets, is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"). The Company is continuing to work diligently and expeditiously to complete and file the Annual Filings as soon as possible. As previously announced, the Company
SAN FRANCISCO, April 14, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets, is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"). The Company is continuing to work diligently and expeditiously to complete and file the Annual Filings as soon as possible. As previously announced, the Company
SAN FRANCISCO, April 3, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today, further to its release issued on March 29, 2023 in respect of its application to the British Columbia Securities Commission (the "BCSC") for a management cease trade order (the "MCTO"), that the BCSC has granted the MCTO, pursuant to which the Company will have until May 30, 2023 to file its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for
CALGARY, AB, Dec. 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company"), a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced that the nominees listed in the Management Information Circular dated December 2, 2022, were elected as directors of mCloud, to hold office until the close of the next Annual General Meeting of the Corporation or until their successors are appointed. Shareholders also adopted all other resolutions submitted for th
Acclaimed Saudi entrepreneur, CEO, sustainability, and circular economy expert strategically aligned to Company's major customers, policy influencers, and partners in service of decarbonization targets in the Kingdom of Saudi Arabia SAN FRANCISCO, Nov. 14, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today is pleased to announce the appointment of Dina Alnahdy to mCloud's Board of Directors, effective today. Alnahdy is a sought-after Saudi executive, leader, and board member passionate about innovation, the en
Vincent Higgins, former Honeywell Global Director and General Manager, Digital Transformation and Workforce Excellence, joins mCloud as President, Oil and Gas Digitization to lead new hub based in HoustonIbrahim Al-Hindawi, President, MENA to lead recently announced hub in collaboration with Aramco based in Saudi ArabiaDave Weinerth, President, AssetCare™ Visual Intelligence promoted to Executive Vice President and President, AssetCare Solutions to lead continued AssetCare growth globallySAN FRANCISCO, Jan. 26, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and G
CALGARY, AB, Dec. 30, 2021 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions announced today that the nominees listed in the Management Information Circular dated November 30, 2021 were elected as directors of mCloud, to hold office until the close of the next Annual General Meeting of the Corporation or until their successors are appointed. Shareholders also adopted all other resolutions submitted for their approval, including the appointment of KPMG LLP as the auditors of the Company to hold office until the close of the next Annual Gen
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NT 20-F - mCloud Technologies Corp. (0001756499) (Filer)
6-K - mCloud Technologies Corp. (0001756499) (Filer)
6-K - mCloud Technologies Corp. (0001756499) (Filer)
During Q3 2022, mCloud migrated AssetCare™ and integrated business operations including a highly targeted global go-to-market strategy with Google Cloud to maximize future growth and profitabilityA company rationalization took place in Q3 2022, including an orderly exit from the Company's low-margin Technical Project Services business and the retirement of contracts associated with low-value legacy connected assets and workersGoogle Cloud integration and these actions to drive greater than 25% improvements to the Company's cost structure as previously announced on November 1, 2022As a result of this pivot, rationalization, and the AssetCare migration to Google Cloud, total Q3 2022 revenues w
SAN FRANCISCO, Nov. 8, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced that it will it host a conference call to discuss the financial results for the third quarter of 2022 at 10:00 a.m. EST, November 15, 2022. To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 91194988. Please connect approximately 10 minutes prior to the beg
Added 2,921 new connected assets and workers, totaling 67,471 connections in Q2 2022As part of Agnity transition, mCloud received a one-time US$5.96 million payment from Agnity on July 29, 2022After considering a $2.6 million one-time balance sheet charge and other impacts related to the Company's transition of its licensing of Agnity technology, Q2 2022 net revenues as reported were C$2.3 million compared to C$6.6 million in Q2 2021SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced its financia
CALGARY, AB, Aug. 9, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will host a conference call to discuss the financial results for the second quarter of 2022 at 10:00 a.m. EDT, August 16, 2022. To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 41933518. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until August 23, 2022 at midnight (ET).
Q1 2022 revenues were down year-over-year but comparable quarter-over-quarter, consistent with expectations set at the Company's full year 2021 conference call on April 4, 2022Q1 2022 AssetCare™ Over Time revenues were down 38% at C$4.0 million for the quarter compared to C$6.4 million in Q1 2021, comparable to the C$3.9 million seen in Q4 2021Q1 2022 total revenues were down 40% at C$4.4 million for the quarter compared to C$7.4 million in Q1 2021, modestly higher than the C$4.2 million seen in Q4 2021Added 774 new connected assets in the quarter including assets from large implementation of the Company's AssetCare indoor air quality solution at Slate Life Plaza building in CalgaryAs announ
CALGARY, AB, May 12, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will that it host a conference call to discuss the financial results for the first quarter of 2022 at 10:00 a.m. EDT, May 17, 2022. To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 41593877. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until May 24, 2022 at midnight (ET).
CALGARY, AB, March 31, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will host a conference call to discuss the financial results for the year-end and fourth quarter of 2021 and its outlook on 2022 at 10:00am EDT on April 4, 2022. The conference call will include prepared remarks from Russ McMeekin, Chief Executive Officer, and Chantal Schutz, Chief Financial Officer. After the prepared remarks, the Company will accept questions. This date and time follows from the Company's release on March 30 it would add a
New date and time being set for conference call; details forthcoming CALGARY, AB, March 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will discuss a recent announcement with Carbon Royalty Corp and Middle East strategic financing alternatives at its upcoming conference call for the year-end and fourth quarter of 2021. The Company requires additional time to address these developments in its report of earnings and the upcoming conference call. A new date and time is forthcoming and these details will be pro
SAN FRANCISCO, March 23, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ:MCLD) (TSXV:MCLD) ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions announced today that Russ McMeekin, mCloud's CEO, has been invited to present at the 2022 Virtual Growth Conference, presented by Maxim Group LLC and hosted by M-Vest, on March 28th - 30th from 9:00 a.m. - 5:00 p.m. EDT. Sign up here to access the presentation During this virtual conference, investors will hear from executives from a wide range of sectors, including Biotech, Clean Energy, Electric Vehicles, Financial Services, Fintech & REITS, Gaming & Entertai
CALGARY, AB, Nov. 26, 2021 /PRNewswire/ - mCloud Technologies Corp. (TSXV:MCLD) (NASDAQ:MCLD) ("mCloud" or the "Company"), a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced that it will report its earnings for the third quarter 2021 before the market opens on Monday, November 29, 2021. The Company will also host a conference call to discuss the financial results for the third quarter at 10:00 a.m. ET the morning of November 29, 2021. The conference call will include prepared remarks from Russ McMeekin, Chief Executive Officer, and Chantal Schutz, Chief Financial Officer. After the prepared remarks, the Company will
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